Question

the Georgia state constitution requires a balanced budget choose the resources that fund that state budget
choose all that apply.

credit card purchases
sales tax
property tax
loans from the bank
income taxes
federal grants​

Answer 1

Answer:

SALES TAX

INCOME TAX

Explanation:

The state of Georgia balanced budget is funded majorly through income taxes wish cover up to 50% of the fund required to fund the state budget. It is the key to revenue generation and how the budget gets to be implemented. Under the income tax is where we find the personal income tax and the cooperate income tax.

The next in line is the sales tax which help to stable the workings and actualization of the budget. The sales tax do fluctuate based on the functionality and stability of the economy.

Answer 2

Here the resources that should be selected should be sales tax and income tax.

Selection of resources:

The Georgia state balanced budget should be funded majorly via the income taxes should cover 50% of the fund needed for funding the state budget. Also, it represents the key so that the revenue should be generated also the budget should be implemented. Due to these explanations, we can consider income tax and sales tax.

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